50 Cent ‘Not In A Hurry’ To Reach Billionaire Status: Here’s Why
50 Cent might be all about getting rich or dying trying, but he’s not exactly sprinting to join the billionaires club. In a chat with Us Weekly, the rapper and media mogul was asked about his relationship with money and whether he’s aiming to hit that 10-figure net worth.
“I don’t measure success by money — I measure it by the wins and accomplishments I’ve racked up,” he explained. “I’ve blown past everyone’s expectations of me. I think my staying power in the industry has caught some people off guard, but that’s what keeps me going.
“[Besides,] I’m not in a hurry to reach billionaire status. I’ve reached a point where I don’t want anything I don’t have. What’s the rush? I’ve bought every car I wanted, multiple times over.”
“When people publicly say you’re a billionaire, they come for what you have. The IRS might suddenly decide they want 58 percent of your money. The ambulance chasers, the attorneys — it’s an army of ’em after you. Then you’d have to protect yourself because you have deep pockets.”
The rapper said that becoming a billionaire wouldn’t really change things for him. He brought up how once you’re at that level, you start thinking about giving back and leaving a legacy. “People remember those who helped others, not just those who stacked up cash. They’ll ask, ‘What impact did he have on others? How significant was his success if it didn’t touch other lives?’”
While 50 Cent didn’t spill the beans on how close he is to billionaire status, he did confirm he’s still “very rich” — and not just financially.
With his studio complex, several successful movies and TV shows, an upcoming TV channel, a spirits brand, a timeless music catalog, and now his own music and comedy festival, it might not be long before 50 Cent hits that billionaire milestone. If he does, he’ll be the fourth Hip Hop figure to do so, following in the footsteps of Jay-Z, Kanye West, and Diddy.
Jay-Z was the first to reach the mark in 2019, and his net worth has since skyrocketed to over $2.5 billion, thanks to the sales of his stakes in TIDAL, D’USSÉ, and Armand de Brignac. Forbes currently ranks him as the 1,332nd richest person alive.
Kanye joined the club in 2020 but was kicked out two years later when Adidas pulled the plug on their Yeezy partnership following his antisemitic outbursts. His net worth went from $1.5 billion to around $400 million.
After Kanye’s fall, Diddy reportedly crossed the billion-dollar line thanks to his long-term investments in Cîroc (valued at around $60 million), DeLeón tequila, and his media network Revolt. But just over a year later, the Bad Boy boss faced a similar downfall when he was dropped by Diageo, the parent company of Cîroc and DeLeón, and Revolt following a series of sexual assault lawsuits.
